|Filed Under:||Business & Finance / Economics|
|Posts on Regator:||2273|
|Posts / Week:||7.6|
|Archived Since:||June 7, 2008|
This chart shows the percentage of male and female students who received a given grade in introductory economics course who then later majored in economics. Source.
The new Economic Report of the President is available here.
Here is a great article about Eugene Fama, Robert Shiller, and the debate over the informational efficiency of financial markets.
1. Paul Krugman says no.2. The Economist says yes.
Click on graphic to enlarge. Source.
I agree with the main point of Paul Krugman's latest blog post: When thinking about the welfare of a typical person in society, income inequality is more important than mobility. But this sentence struck me as more wrong than right:Show More Summary
Robert Frank has a great article in today's NY Times about how technology is changing the return to talent. I think he is focused on a key issue. A lot of the longer-term trends we see in the economy are driven mostly by changes in technology,...Show More Summary
University of Chicago's Allen Sanderson discusses the economics and political economy of conscription.As for my view: I find it hard to imagine that I would ever endorse the reinstatement of the draft, not so much for economic reasons, but out of respect for individual liberty.
From a new report: Once fully implemented in the second half of 2016, the $10.10 option would reduce total employment by about 500,000 workers....The increased earnings for low-wage workers resulting from the higher minimum wage would total $31 billion, by CBO’s estimate. Show More Summary
In response to my recent article, some commentators (like this one) are prone to say, "Sure, actors, authors, and athletes deserve their good fortune, because they get paid well only if they produce, but hefty CEO pay is unfair because...Show More Summary
Commenting on my recent column, Paul Krugman wonders if I somehow missed the financial crisis of the past few years. He seems to think the crisis proves that the titans of Wall Street earn much more than the value of their contributions. Show More Summary
Wellesley College's Joe Joyce reviews Stan's qualifications to be the Fed's Vice Chair.
Click here to read my column in Sunday's NY Times. I expect this one will generate more than its share of irate letters.
One of the themes that we have all heard over the past few years is that President Obama's healthcare reform is merely bringing the kind of changes Massachusetts had under Governor Romney to the nation. If that were really true, you would think that these national reforms would have minimal impact on the state of Massachusetts. Show More Summary
In a couple of recent articles written by smart economists, I have read the following claim: CBO says the incentives in the Affordable Care Act will reduce labor supply. If it does, then real wages will increase.That sounds like reasonable, textbook economics. Show More Summary
From The Washington Post.
Readers of this blog will be familiar with my recent article Defending the One Percent. In the new released issue of JEP, you can read a letter by Bob Solow commenting on the article as well as my response.
From the Congressional Budget Office: CBO estimates that the ACA [Affordable Care Act] will reduce the total number of hours worked, on net, by about 1.5 percent to 2.0 percent during the period from 2017 to 2024, almost entirely because...Show More Summary
Grad students with an interest in the history of economic thought should click here.